Trading Day: Whisper it … but is this the top?

Trading Day: Whisper it ... but is this the top?

World stocks posted their biggest fall in more than three weeks and the dollar rose on Thursday, as surprisingly strong U.S. growth figures cast doubt on how aggressive the Federal Reserve’s interest rate-cutting cycle will be. In my column today I look at the reasons why the Fed may one day consider replacing its current 2% inflation target with an inflation range. Atlanta Fed President Raphael Bostic likes the idea.

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